Food and Staples Retailing
Food Retail
Kevin O’Leary, O’Shares ETFs chairman, and Plated co-founders Nick Taranto and Josh Hix discuss selling their company to Albertsons grocery chain and their competition with Blue Apron.
Two office workers turned lunchtime and late-night experiments with a SodaStream into a Whole Foods deal and booming coffee soda business.
Mike Thompson, president of SPIAS at S&P Global Market Intelligence, speaks about developments in the retail space.
Albertsons' expansion into meal kits, which deliver fresh ingredients and recipes to subscribers, comes less than a month after Amazon.com Inc's entry into the grocery market with its acquisition of Whole Foods Market. Albertsons said Plated meal kits would be offered at its store locations, online, and through a variety of distribution options.
Sept 20- General Mills Inc reported a smaller-than-expected quarterly profit, hurt by lower sales of its yogurts and cereals in North America. The sector is expected to come under renewed pressure with the entry of online giant Amazon.com Inc into the brick-and-mortar grocery stores business through its deal to buy Whole Foods Market Inc..
The first Pizza Hut building is moving to a new home on the Wichita State University Campus in Kansas.
ST. LOUIS— Bob Evans Farms is being sold to Post in a deal worth about $1.53 billion, giving the cereal maker a stronger presence in the grocery store through Bob Evans' valuable refrigerated sides business. Bob Evans makes things like refrigerated potato, pasta and frozen convenience food items under a number of brands other than Bob Evans, such as Owens, Country...
LONDON, Sept 19- British online grocer Ocado warned that additional investment in developing its distribution centers would increase short term costs, sending its shares lower. Ocado said it was raising capacity at its third high-tech Customer Fulfilment Centre in Andover, southern England, while also preparing its fourth, and largest center in Erith, on the...
LONDON, Sept 19- British online grocer Ocado warned that additional investment in developing its distribution centres would increase short term costs, sending its shares lower. Ocado said it was raising capacity at its third high-tech Customer Fulfilment Centre in Andover, southern England, while also preparing its fourth, and largest centre in Erith, on the...
Worldpanel@ LONDON, Sept 19- British supermarket sales increased by 3.6 percent in the 12 weeks to Sept. 10, largely driven by higher inflation and extending a run of above-3-percent growth to six months, industry data showed on Tuesday. Lidl grew the fastest, with an increase of 19.2. percent taking its share to a record high of 5.3 percent, Kantar.
LONDON, Sept 19- British supermarket sales increased by 3.6 percent in the 12 weeks to Sept. 10, largely driven by higher inflation and extending a run of above-3-percent growth to six months, industry data showed on Tuesday. Lidl grew the fastest, with an increase of 19.2 percent taking its share to a record high of 5.3 percent, Kantar Worldpanel said, while growth at...
From LaCroix to animal crackers, San Francisco based start-ups are spending big bucks to attract top talent, according to a recent study.
Morgan Stanley predicts millions of Whole Foods shoppers will sign up for Amazon Prime.
Bodegas are invaluable for many New Yorkers, who have been widely critical of a new start-up that threatens them, Fortune reports.
Jim Chanos says German companies Aldi and Lidl should scare investors much more than Amazon.
A fast-food king and No. 1 Latino franchisee in the US is nearing $1 billion in revenue.
JERUSALEM, Sept 10- The owner and chief executive of Israel's Rami Levy supermarket chain was detained by police on Sunday on suspicion of fraud and breach of trust as part of a broader investigation that is not directly connected with the company. The retail chain is controlled by high-profile businessman Rami Levy, who owns 45 percent. Rami Levy, with a market...
JERUSALEM, Sept 10- The owner and chief executive of Israel's Rami Levy supermarket chain was detained by police on Sunday on suspicion of fraud and breach of trust as part of a broader investigation that is not directly connected with the company, the firm said. The chain is controlled by high-profile businessman Rami Levy, who owns 45 percent.
Florida Attorney General Pam Bondi on what consumers should do if they come across price gouging during Hurricane Irma.
A-Line Partners analyst Gabriella Santaniello said the move might initially cost Target in margins, but that lower prices and fewer temporary price cuts may also drive sales volumes that could eventually offset eroding margins. Like Target, Kroger, the biggest U.S. supermarket company, has slashed prices on staples such as milk and eggs to fend off...
